On the heels of Hollywood’s decision to postpone the James Bond film “No Time To Die” premiere until next spring, the world’s second-largest movie theater chain and its U.S. division said they are considering temporarily closing all of their cinemas, according to Reuters. Get the...
Despite a move by major airlines to drop fees to lure customers, the chief operating officer of Airbus said Saturday (Oct. 3) the outlook for the aviation industry is grim as COVID-19 infections rise and travel restrictions resume, Reuters reported. Get the Full Story Complete...
U.S. consumers feel better about the economy than they have in six months, according to the latest data released by the University of Michigan. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
The nation’s economy added 661,000 jobs in September as the unemployment rate fell slightly to 7.9 percent, down from 8.4 percent in August, the U.S. Bureau of Labor Statistics (BLS) reported Friday (Oct. 2). Get the Full Story Complete the form to unlock this article and...
The inability of lawmakers and the White House to pass a new stimulus relief package has fueled layoffs as companies say they can’t afford payroll, The New York Times reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The number of Americans who applied for jobless benefits fell slightly last week as the nation’s employers continue to cut large numbers of workers amid COVID-19, according to data released Thursday (Oct. 1) by the U.S Department of Labor (DOL). Get the Full Story Complete...
Dwindling sales and mounting donations have spelled doom for the market for buying recycled clothing, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...
Despite talks over a two-day period to reach a compromise on a new stimulus package, House Speaker Nancy Pelosi (D-California) and Treasury Secretary Steven Mnuchin failed to strike a deal, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
For the U.S. GDP, a slight improvement of some very bad numbers is an improvement, technically. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...
